Tapestry Inc’s recent filing unveils that its VP, Controller and PAO Dadlani Manesh unloaded Company’s shares for reported $0.11 million on May 12 ’25. In the deal valued at $81.88 per share,1,399 shares were sold. As a result of this transaction, Dadlani Manesh now holds 40,922 shares worth roughly $3.51 million.
Then, Dadlani Manesh sold 269 shares, generating $22,709 in total proceeds. Upon selling the shares at $84.42, the VP, Controller and PAO now owns 36,221 shares.
Before that, Kahn Todd sold 40,000 shares. Tapestry Inc shares valued at $3,256,000 were divested by the CEO and Brand President, Coach at a price of $81.40 per share. As a result of the transaction, Kahn Todd now holds 116,062 shares, worth roughly $9.95 million.
TD Cowen upgraded its Tapestry Inc [TPR] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early May from “an Equal-weight” to “an Overweight”. Redburn Atlantic also remained covering TPR and has increased its forecast on February 18, 2025 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of TPR
On Monday, Tapestry Inc [NYSE:TPR] saw its stock jump 1.68%% to $85.75. Over the last five days, the stock has gained 8.67%. Tapestry Inc shares have risen nearly 109.10% since the year began. Nevertheless, the stocks have risen 31.26% over the past one year. While a 52-week high of $90.85 was reached on 02/18/25, a 52-week low of $35.23 was recorded on 04/09/25.
Levels Of Support And Resistance For TPR Stock
The 24-hour chart illustrates a support level at 84.00, which if violated will result in even more drops to 82.24. On the upside, there is a resistance level at 86.77. A further resistance level may holdings at 87.79.
How much short interest is there in Tapestry Inc?
A steep rise in short interest was recorded in Tapestry Inc stocks on 2025-05-30, dropping by -2.98 million shares to a total of 12.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 15.3 million shares. There was a decline of -24.21%, which implies that there is a negative sentiment for the stock.
